HotOption Broker Review

HotOption was a binary options trading broker. They are offering $1 trades on their custom trading platform for Turbo binary options trading.

HotOption Review

In order to prepare this review for HotOption, we tried their trading platform. We found that they’re using a custom platform that is simple and user-friendly. It has a variety of currency pairs to trade, with potential profits of up to 90% for successful trades.

This broker only has Turbo options, which are short term trades with expiry times from 1 minute, up to 5 minutes, at 1 minute intervals. However, here trades can be placed for as low as $1.

HotOption Binary Trading Review

Auto Trading Robots

Everyday we hear about another “new system” that can auto-trade on your behalf, and make lots of easy money. However, we already know that they are scams!

If you want a real Auto-trade robot, then use one that lets you choose your broker and set the controls like these robots.

HotOption Accounts

By reading a brokers Terms & Conditions policies very carefully before opening an account, you can save yourself from much aggravation and financial loss. Find out more about this by reading the common customer complaints in our forum.

HotOption offers a free Demo account, and to activate a real account one only needs to deposit $1.

Their website is available many languages including English, ไทย, Bahasa Indonesia, Português, Español, Arabic, Chinese and more.

HotOption License

If you want to know if a broker is a scam or not, look for a regulatory license. A legitimate broker will have a license from their government’s financial regulator. For example, CySEC of Cyprus, ASIC in Australia, and MAS in Singapore give licenses to brokers who are in compliance with their regulations.

Disclosure: ScamOption.com is a Brokers Review Website. The website does not offer investment advice. Nothing on this website should be considered a recommendation or endorsement. We are not responsible for any losses you may incur, by investing with a company mentioned on this website. We may receive compensation from companies we write about. Always verify that the broker you choose to invest with, is licensed and regulated by your local financial regulator.